Knowledge (XXG)

Retail loss prevention

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472: 445:(a magnetic device attached to the merchandise that would trigger an alarm if removed from the store, also called EAS) led to an increase in arrests; however, many cases have been dismissed due to lack of observation of the crime. A later effort, called "benefit denial" by Read Hayes, was intended to reduce the incentives for people to take the items by destroying the usefulness of items that were improperly removed from stores through the use of measures such as exploding dye packs ( 388:
accounted for 35 percent of shrink to businesses in 2011. Non-malicious shrinkage can result from a number of operational failures within the business structure. The processing of returned or damaged stock, for example, can cause articles to be removed from inventory and discarded (which contributes directly to shrinkage) rather than sold at a discount, donated, returned to vendors for credit, or otherwise removed from inventory in a manner that minimizes financial loss.
207: 468:(Closed Circuit Television) is the use of a surveillance system to record any theft or misconduct. It has been widely used all over the world and has affected the decrease in crime globally. It is used to strengthen the central control, responsiveness and crime combating capacity which increases the efficiency and effectiveness of the retail loss prevention methods and strategies. 36: 453: 135: 77: 384:, staff selling products at discounted prices as a third-party distributor, "sweethearting" by giving products for free to other parties by staff, colluding with maintenance staff or external contractors to steal products, and under-ringing merchandise on the tills for other parties so they end up paying less for the items. 387:
Internal loss, as with other forms of shrinkage, can be classified as either "malicious" or "non-malicious". Malicious internal loss is shrinkage caused by individuals from within the business such as staff members and cleaning staff and anyone else involved internally in the company. Internal shrink
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is when customers intentionally cause shrink by theft, fraud, or vandalism. Also known as shoplifting, thefts that occur in retail settings are done during business hours and involve the lack of security and prevention measures. Theft prevention can be done by reducing the opportunity to steal in the
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Shoplifters and organized retail criminals have become more aggressive and violent: Apprehension might create potential risk for injury to employees and other shoppers and create possible community resistance. Large retailers have policies regarding apprehension of shoplifters: In the USA, about
409:. Apprehensions are typically a last resort after attempts to recover merchandise fail. An attempt to recover merchandise is known as a recovery or a "burn" and is generally one of the primary job duties of loss prevention associates. Many retailers operate in-store loss prevention teams including 245:
Items that are unaccounted for compared to what the inventory system believes the store should have are losses or "shrink". Shrink is caused by operational errors, internal theft, and external theft. Retail loss prevention is responsible for identifying these causes and following up with training,
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Internal theft is when company employees intentionally cause shrink by theft, fraud, vandalism, waste, abuse, or misconduct. Since associates have access to the entire building and during non-business hours, they are capable of costing the company substantial losses over a longer period of time.
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before they can exit the store. Customers are held within a barriered area, and an automatic gate is opened by scanning the receipt as proof of purchase, allowing the customer to leave. Some supermarkets in the United Kingdom introduced receipt scanners in 2022-23, following a 22% increase in
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Internal theft traditionally causes more loss to a business than external theft due to the increased opportunity available to internal staff members. "A well-informed security superintendent of a nationwide chain of retail stores has estimated that it takes between forty and fifty shoplifting
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that occur when workers do not follow existing business best practices and policies or a company lacks the proper best practices and policies to ensure work is performed with minimal human error. Operational errors also occur due to a lack of proper training for workers.
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Retail loss prevention is geared towards the elimination of preventable loss. Most companies take this traditional approach by either having their own in-house loss prevention team or using external security agencies.
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Internal loss is caused by associates including internal theft. Examples of such losses include staff members stealing products, cashiers not ringing sales through the tills and keeping the payment for themselves,
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40% of retailers indicate that no employees are authorized to apprehend shoplifters. CCTV and other identification evidence are turned over to local law enforcement for possible off-site apprehension.
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Many retailers require customers to show their receipt to an employee to confirm that merchandise has been paid for. This can be done by loss prevention officers, as is the case with
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preventing, investigating, responding to and resolving them. According to the 2018 Federal National Retail Security Survey, the average Shrink % for US Retailers is 1.33%.
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Internal theft is typically identified by reporting systems, first-hand visual/CCTV surveillance or tips from coworkers. It frequently occurs via dishonest operation of the
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https://nrf.com/system/tdf/Documents/retail%20library/NRF-NRSS-Industry-Research-Survey-2018.pdf?file=1&title=National%20retail%20security%20survey%202018
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Many large retailers have in-store loss prevention employees who are trained to reduce shoplifting. This can come in the form of uniformed security officers,
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Average global shrink rates as table by region, ranging from a high of 1.85% in the US to a low of 1.75% in Asian Pacific.
937:"'It's ridiculous!': Furious Sainsbury's shoppers criticise new barriers 'detaining' customers who fail to show receipt" 153: 149: 807: 55: 233:. Loss prevention is mainly found within the retail sector but also can be found within other business environments. 812: 571: 465: 406: 936: 670: 914: 781:
Centre for Retail Research, 2011. "The Global Retail Theft Barometer 2011", Newark, Centre for Retail Research
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that states a Knowledge (XXG) editor's personal feelings or presents an original argument about a topic.
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2023 Retail Security Survey, The state of national (USA) retail security and organized retail crime
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may contain an excessive amount of intricate detail that may interest only a particular audience
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incidents to equal the annual loss caused by one dishonest individual inside an organization."
206: 1084: 1035: 1014: 993: 974: 831: 625: 586: 551: 381: 850:"Portland Fred Meyer stores to start checking receipts, add security to crack down on crime" 821: 546: 899: 791: 581: 402: 1079: 529: 1068: 1055: 876:"Fred Meyer to increase security at Portland stores, announces partnership with city" 556: 364: 595: 594:
eleventh episode of the seventh season of the American animated television series
1029: 1008: 619: 576: 520:, require customers to comply with receipt checks as terms to their membership. 510: 333: 320: 17: 915:"Sainsbury's faces backlash as it makes shoppers scan receipts to exit stores" 826: 720:"Retail Theft Losses Mount From Shoplifting, Flash Mobs — And Organized Crime" 502: 405:, or both. Each state allows stores to apprehend and detain shoplifters under 835: 433:. Teams generally have anywhere from 1-15 individuals depending on location. 426: 156:
any relevant information, and removing excessive detail that may be against
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Some retailers now require customers to scan their printed receipt on an
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Retail Crime, Security, and Loss Prevention: An Encyclopedic Reference
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National Retail Federation, 2018 National Retail Security Survey,
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personal reflection, personal essay, or argumentative essay
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A receipt scanner gate at an IKEA store in the Netherlands
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store through placing prevention mechanisms in place.
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The Retailer's Guide to Loss Prevention and Security
806:Norris, Clive; McCahill, Mike; Wood, David (2004). 27:Practices to reduce loss of goods in retail stores 770:Handbook of loss prevention and crime prevention 618:Charles A. Sennewald; John H. Christman (2008). 210:A uniformed retail loss prevention employee for 1031:Retail Loss Prevention: Problems and Solutions 1010:Security and Loss Prevention: An Introduction 772:. 3rd ed. Woburn: Butterworth / Heinemann. 55 646:Retail Security and Loss Prevention Solutions 8: 613: 611: 64:Learn how and when to remove these messages 969:Rudolph C. Kimiecik; Chris Thomas (2005). 825: 194:Learn how and when to remove this message 176:Learn how and when to remove this message 117:Learn how and when to remove this message 256: 214:. Known as a Target Security Specialist 1013:(5th ed.). Butterworth-Heinemann. 607: 493:, or by store employees, as is done at 1028:Alan Greggo; Millie Kresevich (2009). 971:Loss Prevention in the Retail Business 678:Retailers Association of Massachusetts 671:"The Sensormatic Global Shrink Index" 648:(2011), Taylor & Francis, pp. 228 516:Certain membership stores, including 7: 992:(2nd ed.). Palgrave Macmillan. 225:) is a set of practices employed by 990:Retail Security and Loss Prevention 319:Operational errors are inadvertent 158:Knowledge (XXG)'s inclusion policy 25: 1060:How anti-shoplifting devices work 925:from the original on 5 July 2023. 913:Nazir, Sahar (13 December 2022). 751:, British Retail Consortium, 2023 644:Alan Greggo and Millie Kresevic, 45:This article has multiple issues. 133: 75: 34: 947:from the original on 6 May 2023 443:electronic article surveillance 53:or discuss these issues on the 1090:Protective service occupations 598:which deals with this subject. 1: 768:Lawrence J. Fennelly (1999). 718:Miller, H (6 October 2023), 700:, National Retail Federation 397:Apprehensions and Recoveries 407:shopkeeper's privilege laws 1106: 813:Surveillance & Society 533:shoplifting linked to the 331: 874:KATU Staff (2023-06-29). 745:Crime Survey, 2023 Report 624:. Butterworth-Heinemann. 263:Shrinkage, 2018-2018 (%) 724:Investors Business Daily 1075:Retailing-related crime 1007:Philip Purpura (2007). 919:www.retailgazette.co.uk 827:10.24908/ss.v2i2/3.3369 456:Different types of CCTV 392:Loss prevention methods 223:retail asset protection 572:Shopkeeper's privilege 476: 457: 338:organized retail crime 229:companies to preserve 219:Retail loss prevention 215: 97:by rewriting it in an 535:cost-of-living crisis 474: 455: 209: 691:Johnston, D (2023), 988:Read Hayes (2007). 441:The development of 403:undercover security 365:Point Of Sale (POS) 250:Global Shrink Rates 592:Marge Be Not Proud 567:Revenue protection 477: 458: 315:Operational errors 216: 99:encyclopedic style 86:is written like a 1041:978-1-4200-9006-2 1020:978-0-12-372525-7 999:978-0-230-00681-2 980:978-0-471-72321-9 790:Donald J. Horan. 631:978-0-12-370529-7 587:Tamper resistance 552:Package pilferage 382:package pilferage 307: 306: 204: 203: 196: 186: 185: 178: 127: 126: 119: 68: 16:(Redirected from 1097: 1045: 1024: 1003: 984: 957: 956: 954: 952: 933: 927: 926: 910: 904: 903: 896: 890: 889: 887: 886: 871: 865: 864: 862: 861: 846: 840: 839: 829: 803: 797: 788: 782: 779: 773: 766: 760: 759: 758: 756: 750: 740: 734: 733: 732: 730: 715: 709: 708: 707: 705: 699: 688: 682: 681: 680:. February 2018. 675: 667: 661: 655: 649: 642: 636: 635: 615: 547:McAfee Institute 524:Receipt scanners 257: 199: 192: 181: 174: 170: 167: 161: 137: 136: 129: 122: 115: 111: 108: 102: 79: 78: 71: 60: 38: 37: 30: 21: 1105: 1104: 1100: 1099: 1098: 1096: 1095: 1094: 1065: 1064: 1052: 1042: 1027: 1021: 1006: 1000: 987: 981: 968: 965: 963:Further reading 960: 950: 948: 935: 934: 930: 912: 911: 907: 898: 897: 893: 884: 882: 873: 872: 868: 859: 857: 856:. 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Wiley. 836:1477-7487 427:Nordstrom 342:External 56:talk page 1085:Security 945:Archived 923:Archived 541:See also 447:ink tags 423:JCPenney 367:system. 951:24 July 854:kgw.com 820:(2/3). 495:Walmart 431:Sephora 415:Walmart 300:Global 276:Europe 260:Region 93:Please 1038:  1017:  996:  977:  834:  628:  562:Retail 518:Costco 509:based 507:Oregon 499:Costco 491:Target 429:, and 419:Macy's 411:Target 241:Shrink 231:profit 227:retail 212:Target 1080:Theft 749:(PDF) 698:(PDF) 674:(PDF) 505:, an 344:theft 303:1.82 295:1.75 287:1.81 279:1.83 271:1.85 1036:ISBN 1015:ISBN 994:ISBN 975:ISBN 953:2023 880:KATU 832:ISSN 757:2023 731:2023 706:2023 626:ISBN 497:and 466:CCTV 461:CCTV 336:and 268:USA 941:LBC 822:doi 152:or 1071:: 1058:: 943:. 939:. 921:. 917:. 878:. 852:. 830:. 816:. 810:. 722:, 676:. 610:^ 501:. 449:). 425:, 421:, 417:, 413:, 59:. 1044:. 1023:. 1002:. 983:. 955:. 902:. 888:. 863:. 838:. 824:: 818:2 796:. 634:. 197:) 191:( 179:) 173:( 168:) 164:( 160:. 146:. 120:) 114:( 109:) 105:( 101:. 66:) 62:( 20:)

Index

Loss prevention
improve it
talk page
Learn how and when to remove these messages
personal reflection, personal essay, or argumentative essay
help improve it
encyclopedic style
Learn how and when to remove this message
spinning off
relocating
Knowledge (XXG)'s inclusion policy
Learn how and when to remove this message
Learn how and when to remove this message

Target
retail
profit
human errors
Shoplifting
organized retail crime
theft
Point Of Sale (POS)
package pilferage
undercover security
shopkeeper's privilege laws
Target
Walmart
Macy's
JCPenney
Nordstrom

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